Stellar Lumens (XLM)

Stellar Lumens (XLM) is a cryptocurrency made by Jed McCaleb and the Stellar Foundation in 2014. Stellar is often described as an open-source, distributed and community owned network used to facilitate cross-asset transfer. Its goal is to create universal access and participation in the global economy. The Stellar exchange has created functions that allow users to transfer crypto into fiat and vice-versa through the help of stablecoins.

The inception of Stellar comes after McCaleb left Ripple, a company he founded, due to disagreements in the direction the network should head toward. After leaving Ripple, McCaleb went on to create the Stellar Foundation, which in turn created the Stellar network.

XLM is the token behind the Stellar network and is often referred to as Lumens. It is often said that Ripple is a fork of Stellar but this is not entirely true Although Stellar may have started its groundwork from the Ripple code, the two codebases are now completely different. For example, Stellar uses a completely different consensus mechanism to Ripple. The key difference between the two is that Stellar is targeted towards helping individuals whereas Ripple intends to help banks.

XLM operates on the Stellar Consensus Protocol which is basically a network of peers that are capable of running the Stellar Consensus Protocol independently. This method of operation, although not as decentralized as traditional Proof-Of-Work protocols, allows for a high degree of efficiency as it allows transactions to occur through a consensus process among accounts in a quorum slice (meaning only a slice of the network needs consensus for the transaction to occur).

In this tag you can discover Stellar Lumens (XLM) news, price prediction, opinion and analysis created by users.

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Founded by Jed McCaleb in 2014, who is also the founder of Mt. Gox and the co-founder of Ripple XRP. He collaborated with Atty. Joyce Kim to develop the network system called Stellar. The Stellar Platform Stellar is a platform that connects banks, p...

As always I will be very short.Coinbase gives XLM to its users (limited number), the only thing you need to do is subscribe to the waiting list and wait for an email to receive XLM! (In my case a week and a half).Once you have accepted the invitation...

In normal times this wasnt anything special that exchanges have to go down sometimes, often they didnt really announce such stuff in ie 2014. But these days if exchange is down with no notice people are mad scared, we see dumps or crazy price action....

Nowadays, more and more statements from the world of crypto insist that only the 1% from the whole coin have real use case. First it was Brad Garlinghouse (Ripple CEO) in an interview on Bloomberg said that in the future will survive only the 1% o...

Today I want to introduce you some sites to gain free Tron (TRX), Dogecoin (DOGE), Bitcoin (BTC) and Stellar (XLM). Not much needs to be done: 1. Enter your Wallet address2. Start earning Yes the steps are really only two, I can assure you that this...

In the last article about XLM, we have seen that XLM might be going up a in parabolic path. For now, the price is slightly under the parabola, but we will confirm this in the next days (whether the price will bounce up the line again). What I want to...

Even today, despite that of cryptocurrency debit cards is a widely consolidated reality, I happen to meet many people who ask me how I can convert my bitcoins; net of the numerous cards that are already present on the market and that allow the instan...

XLM seen from the temporality of 1W we can see how the structure of candles has followed a long downward trend since the breaking of the distribution zone so far this year 2019, currently the price shows signs of reversal of trend where the price...